Data science learning road map Data today is fuelling every innovation, ensuring growth, unlocking potential, and, most importantly, securing careers. Data is at the heart of every organization’s success, and that is why there is a clear demand for data scientists. Their role is to derive meaningful information from the intricate data sets they obtain. In areas such as finance, healthcare, marketing, and transport, it has transformed the pattern of our daily lives. Data science streamlines operational activities, enhances customer experience, and increases innovation. As in-demand as they are, you must follow certain steps to become a data scientist that is both proficient and in the field. This guide examines the roadmap for learning data science and the necessary skills to learn. Also read: Data Science Use Cases in Finance Understanding the fundamentals Data science is a stream of subjects that leverages statistics, computing, and domain knowledge to gain insights from complex data. It employs many methodologies and concepts from different disciplines, including information science, statistics, mathematics, and computer science. There are also different steps to becoming a data scientist. Data science basics you must know Pursuing a career in data science involves learning the tools and technologies to extract information from large datasets. Professionals use different practical approaches like statistical analysis, programming skills, or machine learning algorithms to break down complex data sets. Data science is also about interpretation and applying the theoretical formula to practical applications. Data science collects, analyzes, and presents large data sets into simpler ones. Then comes programming languages like Python, R, or SQL for data scientists. These language skills help data scientists to automate their tasks and develop algorithm models. Data manipulation involves cleaning, transforming, and preparing large data sets for analysis. Sometimes, real-world data needs to be completed in organizations, and they require data scientists to clean the data and reprocess them to bring top-quality and reliability. From healthcare to finance industries, data science applications are vast and growing. For example, hospitals use data science techniques to analyze patient data or treatment plans., whereas finance firms detect fraudulent activities and predict stock market prices through data science. Essential mathematics and statistics Matrices represent data sets such that a row describes an observation while columns define variables. Regarding optimization and machine learning algorithms, calculus is integral to data science. Calculus helps data scientists find the minimum/maximum to optimize their models and algorithms. Statistical inference and machine learning rely on probability theory as their foundation. Data scientists need to comprehend some aspects of probability, including random variables, distributions, and conditional probability, to make predictions and arrive at conclusions about data. Data science relies heavily on statistics because it involves data analysis, identifying critical trends, and making informed decisions. Summarization and description of data on measures such as (mean), (median), mode, variance, and standard deviation are descriptive statistics. Statistical inferences are validated through hypothesis testing and confidence intervals. Also read: How Does an MSc in Data Science Help You in the AI Era? Learning programming languages Data scientists work with different computer languages. These languages helps acquire insights, develop models, or design systems. Below are some of the programming languages that are a part of the Learning path for aspiring data scientists: Python to manipulate, analyze, and visualize data. R to create high-quality visualizations for data science professionals from complex data sets. SQL to extract valuable information from datasets using data manipulation techniques Java is widely used for enterprise-level organizations where data scientists use Hadoop, Spark, and Hive to process data. MATLAB is standard in engineering, physics, and mathematics fields for data analysis and visualization to work on complex mathematical models. Key tools for data science The roadmap for learning data science passes through data scientists’ tools to conduct activities such as data analysis, cleaning, visualization, mining, reporting, and filtering. Tableau helps data scientists present their findings visually appealing and interactively through dashboards and reports. Apache Hadoop enables distributed processing of large datasets across clusters of computers. TensorFlow provides a flexible platform for building and training neural networks and work on advanced predictive modeling tasks. Jupyter Notebook allows data scientists to create and share live code, equations, visualizations, and narrative text documents. Data science trends The ever-evolving technology sector follows with the latest developments and trends. Following are the recent trends in data science education and skill development: Machine Learning and Artificial Intelligence: ML algorithms are used for image and speech recognition, natural language processing, and predictive modeling. AI-powered systems are also being deployed in healthcare, finance, and marketing, revolutionizing businesses’ operations. Deep Learning: Deep learning focuses on multiple layers of neural networks. This technique has gained significant attention due to its ability to process complex data and solve intricate problems. Big Data Analytics: Big data analytics involves using advanced techniques and tools to process, analyze, and interpret large datasets. With the help of technologies like Hadoop and Spark, businesses can uncover hidden patterns and trends that were previously inaccessible. Also read: How Can an Online MSc in Data Science With MAHE Help Me Switch My Career? Data science career scope Many companies offer internships tailored for aspiring Data Scientists. These internships provide hands-on experience and allow you to apply your theoretical knowledge to real-world scenarios. In addition to internships, working on projects is another crucial aspect of building a successful data science career. Projects allow you to apply your knowledge and creativity to solve real problems. The demand for Data Scientists is constantly increasing, and with the right skills and experience, you can expect attractive job prospects and competitive salaries. Different programs seamlessly guide to mastering skills in data science. Why should you consider doing a data science master’s with MAHE? MAHE’s MSC in Data Science program is designed for professionals who want to excel in the in-demand field of data science. The program prepares you for analytical and leadership roles across various sectors. It also allows you to gain hands-on experience in machine learning applications and predictive modeling, solving problems with real-world data. One of the most significant advantages of this program is its flexibility, as it is an online program that allows you to continue working and fulfilling your other commitments while pursuing your degree. Pursuing a data science master’s with MAHE provides you with the necessary skills and knowledge to succeed in data science while accommodating your work schedule and other commitments. Conclusion This guide to mastering skills in data science covers everything you must follow on your roadmap to excellence. Following this roadmap, aspiring data scientists can gain proficiency in various areas such as programming, statistics, machine learning, and data visualization. The data science master program with MAHE emphasizes the importance of hands-on experience through projects and encourages continuous learning and staying up-to-date with the latest developments in the field. The program helps you embark on a successful career in data science.
Why choose an MBA in Finance? Getting an MBA degree seems logical for individuals who want to advance in their careers. No matter what sector you are currently in, you can still profit from an MBA in Finance. Given the time and money required, some might question whether getting an MBA in Finance is worthwhile. The benefits of an MBA in Finance are plenty, as it helps to develop the leadership qualities necessary to thrive in the field, especially for those who want to work in managerial roles in financial firms or as entrepreneurs. The MBA specialisation in Finance is the most apt MBA programme for individuals interested in Finance. It provides a wide range of opportunities in various fields, including insurance, banking, investment, and the stock market. The MBA in Finance is currently a well-known and favoured career option for people worldwide. An MBA in Finance can help you develop and improve your leadership, creativity, and other talents. It allows students and professionals to get practical experience that helps them develop a strong career foundation and knowledge of the financial sector thoroughly. Read on to learn why you should choose Finance specialisation in MBA and what MBA in Finance is all about. Scope in the finance domain Students with an MBA in Finance have access to a range of career prospects in the financial sector. Students will gain knowledge on how to evaluate corporate reports, predict economic trends, maximize stock value, select investment portfolios, and strike a balance between risk and profitability in this course. Students are also instructed on how to use financial risk management principles. In both the public and private sectors, job prospects for MBA finance graduates are abundant. They can have the chance to work for businesses involved with Finance or the stock market. In addition, anyone with an MBA in Finance will also be able to operate their own business. An MBA in Finance graduate can find work opportunities in several industries, including asset financing, international finance, financial statement reporting, tax planning, and insurance management. Master of Business Administration (MBA) in Finance teaches students to manage, invest, oversee, and evaluate the resources and money collected. The course provides an opportunity to comprehend and learn the subject of Finance more thoroughly. India’s leading B-schools offer an MBA in Finance, and candidates with a good background in Math and Accounting are suitable for the course. Notably, there are numerous lucrative employment options in this field. Who should pursue an MBA in Finance? Students pursuing an MBA in Finance must be prepared for professions in banking, accounting, corporate finance, financial planning, and other fields that are closely tied to the financial industry. Mathematics is an essential component of the curriculum because the program participants will work solely with numbers in the banking business. Investments and investment strategies, local and international economics, acquisitions and mergers, financial theories, and corporate insurance and risk are the main topics covered in the course. In today’s changing world, financial management is an important part of an economy and a vital component of enterprises and industries. Students with the essential knowledge of both practical and theoretical ideas of finance can understand concepts like: Taxation, both direct and indirect Investment techniques Management of securities and portfolios Local and international economics Mergers and acquisitions, insurance, and corporate risk Thus, they can opt for this specialization to advance their career. Leading financial institutions and businesses have started employing financial analysts and managers in response to the financial crisis caused due to the pandemic to protect their assets from such catastrophes in the future. It has significantly influenced employment prospects for financial experts and MBA Finance graduates at top businesses worldwide with generous compensation packages. Why should you pursue an MBA in Finance? Why to choose finance as an elective in MBA? Since an MBA is a business administration degree, the question “Why an MBA in finance?” might come to students’ minds. To simply answer this, the Finance sector is evolving, which is opening up new work opportunities in the industry. There are various benefits of an MBA in Finance. Listed below are some reasons why you should choose an MBA in Finance: Versatile domain: Finance is a discipline that is responsible for managing and sustaining the capital and costs required for almost all sectors. Therefore, unlike some other highly specialised MBA courses like hospitality or IT, this is not limited to only a few particular businesses. High demand: The need for an MBA in Finance will always exist, regardless of the business, which alone makes this program very versatile and in high demand, especially with the growing demand for individuals with Finance specialization. Extensive curriculum: The MBA in Finance curriculum covers an extensive range of topics like strategy, economics, statistics, leadership, and market conditions. Having extensive knowledge about these topics is the way for individuals to work as financial managers or analysts. Emphasis on skill development: Finance managers must possess a good sense of planning and strategy, as they make them extremely valuable assets in any firm. Thus, this course places emphasis on the development of skills that would be valuable for individuals who have a liking for Finance. Job security: Over the past few years, businesses that have been losing money and are unable to turn a profit have needed financial managers to help them navigate a market that is frequently uncertain. With an MBA in Finance, you’ll have the skills and business knowledge required to help a firm expand and achieve financial stability. Better earning potential: MBA Finance graduates are equipped with the skills and knowledge that are in high demand in various industries, thus possessing high earning potential. Lucrative career options: MBA in Finance graduates can work in a variety of job roles. Some of the most preferred job roles for MBA in Finance graduates are – Financial Analyst, Investment Banker, Public Accountant, Financial Advisor, Portfolio Manager, Bank Manager, Risk Manager, Credit Analyst, and Loan Officer. MBA Finance course curriculum Check out the MBA in Finance course details to know in-depth about the topics covered in this specialization. Financial concepts and analysis are given more attention in this course. Expanding expertise in statistics, economic analysis, and mathematics will help individuals to accomplish jobs and manage projects at the management level in the workplace. Students are taught these throughout the program with various activities, including management challenges, group projects, role plays, and traditional lectures. The core subjects taught in this programme are: Cost accounting Financial planning and control Investment analysis and portfolio management Banking and insurance Micro and macro economics Fixed-income securities Advanced accounting Marketing and strategy Financial statement analysis Corporate finance You can choose from the following elective subjects in this programme: Security analysis & portfolio management Mergers and acquisitions Taxation management Internal audit and control International financial management Treasury management Merchant banking and financial Services Insurance and risk management MBA Finance salary in India Individuals can have a successful career after an MBA in Finance as they can pursue a wide range of rewarding career options. Following are some of the top employment choices for MBA in Finance graduates: Investment Banker: An investment banker raises funds for the business from other potential investors and assists in managing securities and bonds as well as the risk of private wealth. The average yearly income for an investment banker in India is around 10 LPA. Cost Accountant: Since the MBA in Finance program in India teaches students about costing, auditing, accounting, etc., one can also pursue a profession in cost accounting. The average yearly income for a cost accountant in India is 7.2 LPA . Financial analysts: Financial Analysts analyze market conditions, investments, stocks, bonds, assets, and every other financial aspect of a business. They also keep an eye out for risks and downturns and offer advice on when to invest and when not to. The average yearly income for a financial analyst in India is INR 6 LPA. Financial officer: A financial officer might work for credit unions, banks, government agencies, private businesses, or any other organization that manages money and capital. They might be loan officials, stock traders, brokerage professionals, tax experts, etc. The average yearly income for a finance officer in India is ₹ 4.2 LPA. Enroll in Online Manipal to become an in-demand Finance professional The online MBA in Finance program from Online Manipal will equip you to lead successfully in today’s dynamic world. With a variety of new-age electives to pick from, you can specialize in any elective of your choice while learning skills valuable in the job market. Learn the most in-demand skills today by gaining admission to this online program and learn from the comfort of your home. Improve your professional career at your leisure with the help of a reputable faculty, and even take online tests with proctors from the comfort of your home. Corporate organizations, governments, and higher education institutions frequently accept MUJ’s online degrees for employment, higher education, and future chances. Manipal University Jaipur is one of the best colleges in India that offers an excellent MBA in Finance program. Their faculty magnifies the value of real-world insights so you can confidently forge your path to success. Conclusion Earning an MBA in Finance is crucial not only for today’s labor market but also for advancing one’s career if one has interest in the field of finance and a passion for the world of capital, money, funds, assets, and wealth. When you choose to pursue an online MBA in Finance degree, you should look out for universities that have good accreditations, academic curriculum, faculty, etc. The program should teach you both theoretical and practical concepts so you can thrive in the financial industry successfully. Prepare to enter the world of Finance with skills and tools to manage finances and advance your career.
7 Human Resource Management Basics Every HR Professional will learn from an MBA Human Resource Management (HRM) is the cornerstone of every successful organization because all the workforce and HR strategies come under it. HR management helps every organization strive in a competitive environment by managing everything from recruiting to implementing policies. However, HR professionals should be proficient in their skills, knowledge, and abilities to add to the organization’s success. Recent graduates or working professionals can learn all these HR management fundamentals from MBA programs. An MBA in HR aids individuals with finance, marketing, operations, or strategy coursework. It helps them make essential company decisions and meet their goals. As organizations today continue to evolve, the programs ensure the professionals are acquainted with different employment laws and ethical practices. Besides this, HR professionals learn data analytics to acquire and employment data. Scroll down to learn more about HR management fundamentals from MBA programs. What is Human Resource Management? Human Resource Management (HRM) is about managing the daily workforce of an organization and focusing on the strategies to improve their experiences. Besides creating and implementing policies, HR management handles recruitment, staffing, training, payroll, and succession planning tasks. All these help every organization achieve its goals and objectives while retaining a competitive edge. HRM involves recruiting and selecting potential candidates from a vast pool and training them for appropriate positions. It takes care of the compensation and incentives of those employees to attract them to the organization. Different functions of HRM boost employee engagement and satisfaction to increase the workforce potential. HRM is essential for organizations for the following reasons: It attracts, recruits, and retains top talent for the organization. HRM contributes to organizational success by increasing employee training opportunities to enhance their skills. HRM practices create a positive work environment and culture by withstanding the work-life balance and supporting the employees. It makes the employees stay committed and contribute highly to performance. Human resource management helps the workforce comply with labor laws and regulations. The management strategies protect employees from legal and financial risks and avoid legal disputes and penalties. Also read- MBA HR course details: A complete guide 7 Human Resource Management Basics Human Resources (HR) is one of the indispensable tools for any organization. HRM practices managing the people in a workplace to meet the organization’s goals and strengthen the corporate culture. The core HR principles taught in MBA include everything from employee recruitment and retention to payroll and performance. Below are the fundamentals of Learning HR basics through an MBA: 01. Recruitment & Selection The initial step in Human Resource Management is to locate potential candidates from a talent pool for desired job positions. It attracts and promotes candidates for different job vacancies within the internal team. It can be done through posting job descriptions, advertising vacancies, reviewing resumes, conducting interviews, etc. It ensures the organization hires the right people for the job roles to achieve the desired goals and objectives. 02. Performance Management The MBA program covers HR basics that help HR professionals set clear expectations, provide feedback, and evaluate employee performance. HR professionals play a pivotal role in designing and implementing performance management systems that analyze employee productivity, identify areas for improvement, and recognize high performers. HR management knowledge gained from MBA studies helps employees understand their roles and responsibilities, receive constructive feedback, and contribute to their professional growth. 03. Learning & Development Human Resource Management enhances employee skills and knowledge, improves job performance, and fosters career growth. HR professionals are primarily responsible for identifying training needs, designing training programs, coordinating workshops or seminars, and evaluating the effectiveness of these initiatives. HR professionals invest in employee development; organizations can improve productivity and retain top talent. 04. Succession Planning Succession planning identifies and develops potential organizational leaders to ensure a smooth transition to filling vacant positions. HR professionals collaborate with management to identify high-potential employees, provide them with opportunities for growth and development, and create a pipeline of future leaders. It is pivotal for maintaining organizational stability and continuity. 05. Compensation and Benefits HR professionals are also responsible for designing and managing compensation and benefits programs that attract and retain top talent. HR professionals learn to determine competitive salaries, bonuses, incentives, and benefits packages. HR professionals ensure compliance with legal requirements and industry standards, such as minimum wage laws and employee benefits regulations. 06. HR Information Systems HR Information System (HRIS) is a technology platform that streamlines HR processes, including employee data management, payroll, performance tracking, and reporting. HR professionals must possess a working knowledge of HRIS to manage employee information, generate reports, and support decision-making processes. HRIS simplifies administrative tasks, enhances data accuracy, and improves overall HR efficiency. 07. HR Data and Analytics Data and analytics play a crucial role in shaping HR strategies and decision-making. HR professionals collect and analyze data related to employee performance, engagement, turnover, and other HR metrics. HRM is responsible for identifying trends, predicting future needs, and making data-driven decisions that support organizational goals. Also read: Selection process in Human Resource Management: 9 easy steps to follow MBA in Human Resource Management: Salary FresherRs 1.7 lakh – 4 lakh2-5 years of experienceRs 3.5 lakh to Rs 7 lakhMore than 5 yearsRs 8.00 lakh to Rs 24 lakhNote: The information mentioned above are only indicative and may according to market standards and other parameters Source MBA in Human Resource Management: Now with MAHE! Are you interested in pursuing a Human Resource Management (HRM) career? Look no further: Manipal Academy of Higher Education (MAHE) offers an online Master of Business Administration (MBA) in HRM. The MBA in HRM program spans over 24 months, and it does not require any prior work experience, making it accessible to fresh graduates or professionals looking to switch careers. Learners will master employee relations management, compensation and benefits, and organizational behavior. Students can access detailed course materials, participate in discussions, and submit assignments from the comfort of their own homes. Students will not only gain a prestigious degree but also have access to a vast network of professionals in the field of HR. HR management knowledge gained from MBA studies can be invaluable when seeking career opportunities or advice from experienced professionals. Also read: 10 important scope of Human Resource Management Conclusion Obtaining an MBA provides HR professionals with a solid foundation in the fundamental principles of human resource management. These professionals can learn the basics of talent acquisition, employee development, performance management, compensation and benefits, employee relations, diversity and inclusion, and HR strategy. These skills are essential for effectively managing an organization’s most valuable asset – its people. Therefore, HR professionals can gain the knowledge and expertise needed to navigate the complexities of the modern workplace and contribute to the overall success of their organizations.
What is the Institute of Eminence? Why does MAHE deserve IoE status? Educational institutes help build the future of a nation. So, they must access the best mechanisms for teaching and learning. The process will help them provide support to students during the academic years. It resulted in the Indian government proposing the Institute of Eminence scheme for Indian institutions. The central authorities formulated the IoE scheme to establish 20 prestigious educational institutions in the country. The University Grants Commission (UGC) introduced a regulation in 2017 that requires the Institute of Eminence scheme to receive accreditation within five years of notification. Moreover, the Indian educational institutes must implement intricate changes depending on the standardized guidelines to get a position in the national institute ranking systems. Read more: MAHE’s notable alumni What is the institute of eminence? The status of ‘Institute of Eminence’ was launched to empower higher education institutions in India and help them implement world-class teaching systems to enhance affordable access to high-quality education. The University Grants Commission set the IoE scheme in 2017. Twenty institutions received the grant, and eleven among the selected ones got the Institutions of Eminence status in April 2021. Who is eligible for the Institute of Eminence status? An higher education institution in India requires the following characteristics to become an Institute of Eminence. The National Institution Ranking Framework (NIRF) requires the organization to rank among the top fifty institutions in its category. State public universities, institutes of national importance, institutions subject to professional regulatory council regulation, and government-owned institutions will continue to operate under existing acts. According to UGC Regulations for Institutions of Eminence, the deemed-to-be universities that fall under the government authority will receive additional incentives. How do institutions with IoE differ from others? Recently, the top 200 list of the World University Rankings was announced. Unfortunately, however, no Indian University made it to the list. The government has suggested the Institute of Eminence scheme establishment in India due to its appalling performance in the Global rankings. The authorities proposed to create twenty such top-notch institutions across the nation as part of the proposal. The University Grants Commission (UGC) published the announcement for the Institute of Eminence creation in September 2017. According to the UGC notice, the Institute of Eminence must obtain accreditation within five years from the notification date. The IoE universities have specific features that can help them stand out among the crowd. However, the institutions must adopt the following characteristics to enter reputable ranking frameworks. Highly competent teachers, with the option to hire individuals from any country Academic, administrative, and financial independence Superiority in research The high caliber of instruction High funding levels Sufficient financial aid for deserving students to support a need-blind admissions procedure Selection of students using a transparent process to guarantee admission of deserving pupils A sizeable percentage of pupils from abroad Mechanisms for autonomous government Facilities for teaching, research, administration, and student life that are well-equipped Contributions to society, both realistic and intangible Possibility of utilizing alumni and financial sources, as well as the independence to do so It should ideally have a strong emphasis on both teaching and research with a multidisciplinary or interdisciplinary approach. In addition to offering interdisciplinary courses, it ought to confer degrees, diplomas, and other academic distinctions in these fields, particularly those relevant to the development issues faced by nations like India and those involving growing technology and interest. There should be a sizable percentage of foreign or internationally educated faculty. There needs to be a balance between Indian and international students. The emphasis must remain on obtaining meritorious students because admissions should depend on merit. The admissions process should be need-blind for a student to get admitted solely based on merit, and that meritorious student should not be turned away for lack of financial ability. Read more: Why MAHE is the best university for higher education? What are the benefits of having IoE status? The universities with the IoE status can enjoy the following privileges – They have the option to admit merit-based overseas students to fill up to 30% of the number of admitted domestic students. They will get unrestricted flexibility to charge fees to international students. They have the authority to choose the domestic student cost, with the condition that no accepted student should be turned away for financial reasons. The process should be coupled with a reputable program of loans and scholarships to ensure that those in need can pursue higher education without facing financial difficulties. After receiving the approval of its Governing Council and generally adhering to the prevailing minimum standards communicated to the Commission or Professional Regulatory Councils, they would get the freedom to offer courses within a program and degrees in newer areas, including interdisciplinary ones. After getting approved by their Governing Council and broadly adhering to the minimal prevalent requirements, they would be allowed the freedom to choose their course structure concerning the number of credits and years to complete a degree. The institutions will have the flexibility to adjust the curriculum and syllabus without a UGC-mandated curriculum structure. List of Institutes of Eminence The Institute of Eminence in India gets divided into two major categories: Public Institute of Eminence and Private Institute of Eminence. The institutes with IoE status come under the institute of the national importance list. There are currently 11 institutes of Eminence list that have achieved the IoE status, of which eight are public IoEs, and three are private. The following is the list of the Institute of Eminence. Public Institution of EminencePrivate Institution of EminenceIndian Institute of Science, Bengaluru, KarnatakaIIT Delhi, DelhiIIT Bombay, Mumbai, MaharashtraIIT Madras, Chennai, Tamil NaduIIT Kharagpur, Kharagpur, West BengalUniversity of Delhi, DelhiBanaras Hindu University, Banaras, Uttar PradeshUniversity of Hyderabad, Hyderabad, TelanganaBirla Institute of Technology and Sciences, Pilani, RajasthanManipal Academy of Higher Education, Manipal, KarnatakaOP Jindal Global University, Sonipat, Haryana Why does MAHE deserve IoE status? MAHE’s current QS world university ranking is 751-800. It is the 7th best university per the 2021 NIRF Rankings. The five-strong pillars of MAHE that resulted in the university getting an IoE status are as below – Excellence in Education Expanding reach and internationalization Exemplary research and innovation Effective engagement and relation Enabling foundation and sustainability mission What makes MAHE different from other institutes? Here’s why MAHE is the right choice for your education – Excellent Education The quality of education that you get here is incomparable to other universities. MAHE has received numerous high rankings and is one of the top universities in the world. These standards reflect in every student of MAHE. The institute has one of the best faculties you could find with mammoth experience, which adds a feather to the cap. Campus life MAHE has One of the largest and most beautiful campuses in India in private universities, with a campus area of 600 acres. It has a well-resourced library, a lush green End Point Park, a sports complex, and a medical college and hospital with 24×7 excellent facilities. Overall growth In MAHE, various cultural and sports activities happen throughout the year that help to shape overall personalities. In MAHE, academic competence and personality development are significant entities. Final thoughts The renowned Manipal Academy of Higher Education (MAHE) is India’s leading academic and research institution. It is one of the best private institutions in India and has been granted the Institution of Eminence status by the Ministry of Human Resource Development, Government of India. You can also benefit from the plethora of online courses designed by this eminent institute at Online Manipal. Enroll today! Read more: Top online programs from MAHE
Which MBA is best for the pharma industry? Obtaining a master’s in business administration might open up various profitable employment options. The top pharma MBA for students to start if they want to work in the pharmaceutical sector as managers is an MBA in Pharmaceutical Management. In addition to pharma-financial topics, the course includes managerial administration, information administration, and evaluation as core administration topics. Additionally, the program aims to enhance the desired managers’ abilities in planning administrative procedures, diagnosing and resolving administrative problems, and developing consulting skills to prepare them to lead contemporary pharmaceutical units. Read more: Scope of Pharmaceutical Management in India How does an MBA help one in the pharma industry? An MBA is the best option if you believe it will help you land the work role you’ve been seeking for so long and help your career dreams materialize. After all, because of their broad sector knowledge and adaptable business management skills, recruiters frequently choose MBA graduates over their non-MBA colleagues. The curriculum of MBA programs often includes a range of complex ideas and topics that aid in your understanding of the industry you select. Numerous specializations are given in most MBA programs at reputable institutions to enable students to develop highly skilled abilities and flourish in their jobs. Recruiters like MBA experts because they have specialized knowledge in their sector and are more suited to address business difficulties. Any job candidate with an MBA can find employment in the pharmaceutical sector. There is a need to hire those with business expertise because pharmaceutical companies frequently employ individuals with medical, science, and chemistry backgrounds. A pharmaceutical company can be more profitable if it has business specialists who can manage a business and generate revenue. Due to the demand for qualified business people, obtaining an MBA may open up lucrative career options in the pharmaceutical sector. Benefits of choosing an MBA in pharmaceutical management The MBA in Pharmaceutical Management is among the best MBAs in pharma for professional and personal growth. The benefits of taking the pharma MBA course are endless. The following are some benefits and draws of taking this course. The training promotes knowledge growth and offers several opportunities for job advancement. The course focuses equally on the subject’s theoretical and practical components. Its curriculum comprises a range of assignments, quizzes, presentations, and internships that give students real-world work experience. The program gives students access to a range of career opportunities. Students can choose to work for renowned pharmaceutical companies. They can even start their businesses, which is much better. Students also have the option to pursue much higher education in addition to this. Job opportunities after an MBA in pharma There are various pharma MBA colleges in India offering MBA in pharmaceutical management. These graduates can look for positions in sales, marketing, market research, product design support, market executive, strategic communications, project management, etc. A few typical responsibilities MBAs in pharmaceutical management hold include the following. Analyst For Market Research They gather data on customers, rivals, and the corporate center and structure the information into special reports and presentations. They manage the company’s goals and create overviews to identify potential clients’ preferences. Manager of Quality Assurance A quality assurance manager is in charge of auditing production and quality control. They ensure compliance with internal guidelines, norms, and best practices for production. To handle the challenges based on quality, the faculty in this discipline must be appropriately skilled. Medical Benefit Analyst They are in charge of choosing the employee benefits strategies by comparing them to the best practices, considering the company and industry trends, adhering to legislation, and weighing the consequences. Additionally, they direct representative surveys, frame corporate groups, and examine the responses to determine the employee advantage interests. Drugstore Manager A drug specialist who oversees the day-to-day operations of a drug store is known as a drug store supervisor. They handle orders and maintain records. They advise remedies while adhering to established procedures for receiving, filling, dispensing, documenting, and maintaining loss check controls. Drug Inspector Drug inspectors ensure that products are safe for use by people. Their primary responsibility is to check food or medicines at various stages of the manufacturing process to ensure quality standards are being met. The professionals then advance toward getting more senior roles as consumer safety officers. These officers are typically in charge of putting the security methodology into practice and designing evaluation procedures for pharmaceutical products. The following table shows the salary for various job roles in the pharma industry. Job roles Salary (INR)Pharma Sales Managers9.5 LPAMarket Researcher & Drug Developer7.7 LPADrug Distribution Manager8.8 LPAPharmaceutical Purchase Manager10 LPAPharmaceutical Distributors5 LPAFormulation Pharmaceutical Technology Scientist10 LPABusiness Development Manager5.2 LPAQuality Assurance Manager12.5 LPA Read more: Pharmaceutical Management careers in UAE Skills you can acquire in an MBA in pharmaceutical management MBA Pharmaceutical Management programs are designed to produce qualified individuals for managerial and associated roles in the pharmaceutical sector. Students who complete the course leave the institute with various useful abilities, including planning and managing operations, sales, marketing, and business growth. Conclusion You may not always require an MBA for employment in the pharmaceutical or healthcare sectors. However, the skills you develop while pursuing an MBA degree can quickly propel your career into senior positions. Students concentrating on pharmaceuticals and healthcare can earn good starting salaries and acquire crucial skills. An online MBA from Online Manipal will provide you with the competitive edge you need in today’s job economy. You’ll have the knowledge and abilities to boost your profession and get paid more with an online MBA. Additionally, you can complete your MBA while working at your job, lounging at home, or anywhere in the world, thanks to Online Manipal’s flexible online learning alternatives! An online MBA from Online Manipal can assist you in achieving your objectives, whether you want to change careers or improve performance in your current industry. Key takeaways: One of the fastest-growing business sectors in India is the pharmaceutical industry, which consistently has a growing edge in the labor market. An MBA in Pharmaceutical Management is a postgraduate degree focusing on administration and strategic methods in the pharmaceutical industry. After working in pharmaceutical or other related industries for a while, many professionals return to school to acquire an MBA to expand their career options.
Why is an MBA in healthcare management better than an MBA in hospital management? The healthcare industry is emerging rapidly and has seen immense technological advancements for the betterment of everyone. Like every other industry, all the technological demands and regulations necessitate more professionals. Healthcare leaders, in particular, have proficient healthcare and business knowledge that ranges from finance to strategic planning, and an MBA in healthcare management stands in the middle of it all. An MBA in Healthcare Management helps working professionals gain comprehensive knowledge of business principles and healthcare coursework. On the other hand, hospital management focuses only on the administration and management of hospitals because it includes ethics and information systems to run the organization. Let’s learn about the benefits of the MBA in healthcare management vs. hospital management. Also read: Who should pursue an MBA in Healthcare Management? Understanding the distinctions Whether in healthcare or hospital management, working professionals can choose career prospects with each MBA specialization. Both programs have advantages and seem similar initially, but some distinctions set them apart. An MBA in healthcare management helps a working professional understand the healthcare systems and business regulations in detail. Students can manage a hospital with their knowledge of financial management and healthcare together. The benefits of healthcare management MBA are that hospitals, clinics, and pharmaceutical companies nationwide demand professionals with an MBA in leadership positions. An MBA in Hospital Management has a smaller scope than the former one because it only teaches an individual about healthcare facilities. The coursework includes healthcare safety and quality with healthcare ethics or informatics. It makes leaders within the hospital and prepares the graduates for higher authority roles. Below are some of the differences between Hospital management vs. healthcare management: Hospital ManagementHealthcare ManagementFocuses on the hospital administrationCovers the organization’s business aspects besides the hospital operationCareer Opportunities in healthcare clinics or hospitalsWide career opportunities in hospitals, pharmaceutical companies, consulting firms, insurance companies, government agencies, and NGOsCurriculum ranges through quality improvement and leadershipCurriculum includes healthcare policy analysis, finance, and marketing If a working professional is interested in the healthcare industry and wants to explore different career choices, an MBA in Healthcare Management is the best fit. However, you are passionate about working within hospitals and healthcare facilities. In that case, an MBA in Hospital Management will provide you with the specialized knowledge and skills needed to succeed in that area. Additionally, hospital administration courses or an MBA with healthcare specialization will give a launchpad for a career in healthcare industry. Scope and versatility of healthcare management One of the best advantages of pursuing an MBA in healthcare is that you can work in various settings. It includes private clinics, long-term care facilities, insurance companies, pharmaceutical companies, government agencies, and consulting firms. You can specialize in finance, operations, quality improvement, information technology, or human resources. The versatility of healthcare management allows professionals to pursue careers that align with their interests and strengths. Professionals in the MBA program can learn and adapt to the changes continuously. Technical skills include knowledge of healthcare systems, financial management, data analysis, and information technology. Soft skills such as leadership, communication, problem-solving, and critical thinking are equally important in managing teams, collaborating with stakeholders, and making informed decisions. Also read: MBA in Healthcare Management course details Adaptability and future-readiness An MBA in Healthcare Management provides a comprehensive understanding of the healthcare industry and equips with the skills necessary to anticipate and navigate future trends. Students learn about the latest technological advancements and how they can be applied to improve healthcare delivery. You can also gain data analysis and analytics knowledge to make data-driven decisions that can drive innovation and improve patient outcomes. Healthcare Management emphasizes the importance of staying informed about the ever-changing healthcare landscape. It helps to develop the foresight necessary to anticipate and adapt to future challenges and opportunities. Therefore, this degree program prepares individuals to drive positive change and make informed decisions in an increasingly complex and dynamic environment. Enhanced leadership and interdisciplinary skills Healthcare professionals can engage in leadership development programs or workshops to build effective communication, decision-making, and problem-solving skills. Collaboration between disciplines like working with physicians, nurses, pharmacists, therapists, and other healthcare professionals to develop and implement patient-centred treatment plans is essential. Healthcare management requires professionals to have a comprehensive understanding of the healthcare system and the ability to navigate various healthcare delivery models. On the other hand, hospital management focuses on the operations and administration of a hospital. What will you learn in MBA in healthcare management? The benefits of healthcare management MBA are abundant for professionals in the healthcare sector. You will learn about the fundamentals of business administration. Subjects like finance, accounting, marketing, and strategic management will give you a strong foundation in business principles. The healthcare policy and regulation course teaches you about the legal and ethical frameworks that govern healthcare organizations. Healthcare economics covers the financial aspects of healthcare, such as healthcare financing, reimbursement systems, and cost analysis. Healthcare operations manage healthcare facilities, optimize processes, and improve patient outcomes. You will also learn about quality management, healthcare supply chain management, and healthcare project management. On the other hand, healthcare information systems will cover topics such as electronic health records, health data analytics, and telemedicine. MBA in healthcare management from MAHE: Why is it your best option? An MBA in Healthcare Management from MAHE is the best option for every individual looking to elevate their career in the healthcare industry. For 24 months, you can continue working while gaining valuable skills and knowledge in healthcare management. This is particularly beneficial for those with at least 1 year of work experience, as they can apply what they have learned immediately in their current roles. Learners will gain expertise in strategic planning, financial management, leadership, and specific subjects like health informatics, hospital planning, and quality management in healthcare. This comprehensive curriculum will give individuals the necessary skills to excel in the dynamic healthcare industry and propel their careers forward. Also Read: The career trajectory of an MBA healthcare professional with MAHE Conclusion An MBA in healthcare management is better than an MBA in hospital management in a way that it opens doors to extensive career opportunities, industry skills, and in-depth knowledge. It offers a broader scope of knowledge and skills that are relevant to the healthcare industry. A healthcare management MBA with MAHE provides a deeper understanding of healthcare policies, regulations, and emerging trends, which is crucial in navigating the rapidly evolving healthcare landscape. The MBA program also helps you be future-resilient.
Best jobs after BCA that don’t require programming skills Coding and programming are requirements generally associated when starting in the field of Computer Science. However, there are tons of opportunities and job roles that do not require extensive coding. The technology industry needs people skilled in design, analysis, testing, network, system management, project and program management, and many other areas. Individuals with these skills can land some of the most attractive and well-paying non-coding jobs in the IT sector. You can also check out 10 reasons you should enroll for an online BCA degree course. What are the non-coding jobs after BCA? Pursuing a BCA degree opens up a hoard of career opportunities. For those looking at non-programming IT jobs that require knowledge but do not only rely on programming, here are a few interesting job roles: UX designer: UX stands for User Experience. It is also sometimes referred to as User Interface (UI) Development. People in this job role mainly focus on the interaction of humans and technology. Tech could be in the form of an app, program, website, or any other interface. Involving research into user needs and preferences, work may include the development of user interfaces from scratch or modifying existing ones. The primary goal of an individual in this specialized role is to ensure efficient communication between the user and the digital medium. Websites are a great example. Here the goal would be to create visually appealing web pages that are intuitive and easy to navigate. HTML and CSS are some of the skills that will prove to be useful for starting in related jobs. Salary details of UX Designer in India: Average of INR 6.06 L per annum Salary range: INR2.52L to 20L per annum Technical writer: Nearly all products and services need some form of documentation. A technical writer or technical communicator is typically required to create clear, concise, and useful write-ups and visuals to serve the need on hand. Instruction manuals for users or developers, technical reports, research proposals, grants, and the preparation of technical specification documents are just a few examples. Each comes with a different target audience. Along with a good command of the language and knowledge of style guides, tech writers are expected to be good at working across teams. They should be able to gather information from subject matter experts through interviews and or use other relevant sources to complete a requirement. This presents the perfect way to apply technological learning without coding. Employment opportunities could be full-time, part-time, or on a contract or freelance basis. Salary details of a Technical Writer in India: Average of INR5.12 L per annum Salary range: INR 2.41 L to INR10 L per annum Graphic designer: This job role focuses on the look and feel of a product or service. This makes it an attractive option for artistic, imaginative, and techno-savvy individuals. Product and packaging design for companies that manufacture consumer goods is an example. It may extend to the design of adverts and websites and the creation of a brand image. Although anyone in the tech field can benefit from fundamental coding skills, there are several opportunities for designers to function in a supporting role for other tech jobs, minus the need to code. Salary details of a Graphic Designer in India*: Average of nearly INR 3.01 L per annum Salary range: INR 1.43 L to 6.36 L per annum Data analyst: A Data Analyst uses tools to gather, clean, and interpret groups of information to glean insights and aid informed decision-making in an organization. There is a wide range of requirements that a Data Analyst can help address- ranging from deciding the target audience for the next ad, understanding the vulnerability of people in a particular age group to a disease, to the behavioral patterns related to financial frauds. Business, science, finance, and more- people in this role work in several industries in both public and private sector organizations. Salary details of a Data Analyst in India*: Average of INR 4.75 per annum Salary range: INR 2.11 L to INR 10 L per annum Business analyst: The development of software goes beyond meeting customer wishes regarding what a product or software should be able to do. Its success lies in having a sound technical model. A business analyst gains a thorough understanding of customer expectations and brings clarity regarding their feasibility or the lack of it. With a good understanding of technical fundamentals, a person in this role needs to be able to work out a middle path while catering to the customer’s requirements in keeping with constraints like time, effort, and technical limitations, if any. They often work with a focus on recommending the best solution to address the business need on hand. Salary details of an Business Analyst in India*: Average: INR 6.20 L per annum Salary range: INR 2.72 L to 10 L per annum Digital marketer: Marketing involves promoting a business or brand via numerous channels. A digital marketer measures the performance across digital communication channels such as the internet. The role requires using appropriate channels to generate leads while also building and improving brand awareness. Social media presence, email, and web-based advertising are some of the digital channels that are popularly used for this purpose. While smaller organizations may employ a generalist in charge of all digital marketing, larger ones may have teams of specialists-each with a focus on one or two such channels. Salary details of a Digital Marketing Manager in India*: Average of INR 5.55 L per annum Salary range: INR 2.23 L to 10 L per annum Network Administrator: A Network administrator oversees the functioning of groups of computers within an organization. Among other responsibilities, this admin is in charge of their maintenance, security, and troubleshooting. Common tasks may include installation, configuration, and maintenance of network hardware and software, set up and maintenance of virtual private networks, and network protection from unauthorized access. Salary details of a Network Administrator in India*: Average of INR 3.88 L per annum Salary range: INR 1.85 L to INR 9.79 L per annum SEO Specialist: An SEO specialist develops and implements search engine optimization strategies for an organization. The job requires identifying and using keywords or tags that hold relevance and their implementation across popular platforms used for search. The focus is to improve online visibility for organizations. Although the role does not require coding, the individual will need to understand how to use tools for gleaning keyword information and implementing changes. Salary details of a Search Engine Optimization (SEO) Specialist in India*: Average of INR 2.91 L per annum Salary range: INR 1.28 L to INR 5.17 L per annum Software Quality Tester: A software quality tester ensures that software applications function correctly. They develop scenarios for the software, identify and mitigate risks, and document all issues. Although they do not write code, programming languages form an important aspect of their work. Working closely with programmers, they ensure that the source code is efficient, effective, and secure. Salary details of a Software Tester in India*: Average of INR 3.11 L per annum Salary range: INR 1.75 to INR 6.85 L per annum Project Manager: People in this role oversee specific projects, manage cross-functional teams, and ensure they work in unison and complete successfully. Among others, people accountable to a project manager may include analysts, designers, developers, and software testers. Requiring a greater depth of domain and business knowledge, having a good hold on basic programming can bring out the best in development teams. They typically need to work on budgets, timelines, and project resources while ensuring seamless communication between all the teams involved. Salary details of a Project Manager in India: Average of INR 20 L per annum Salary range: INR5.87 L to INR30 L per annum Scrum Master: Scrum is a popular option for complex projects with a short turnaround time. A Scrum master specializes in the implementation of ‘Agile’ project management principles, which work with a focus on collaborative work. Although originally associated with the IT industry, Scrum masters find opportunities in several other industries globally. Salary details of a Scrum Master in India: Average of INR 10 L per annum Although these do not require heavy coding, organizations prefer people with sound foundational knowledge. They also bring with them opportunities aplenty to learn new skills while on the job. You can also check out How can BCA graduates increase their earning potential? Is coding necessary for BCA students? As described in the previous section, there are numerous opportunities in the IT field for individuals with a Bachelor’s degree, like BCA, with little or no experience. So, coding skills need not form the crux of all IT jobs. Witnessing steady growth over the last decade, the Info-tech and Business Process Management (BPM) industry in India is estimated to have employed over 4.8 million people in 2022. Supporting both direct and indirect employment, the industry was accountable for more than 30% of the global outsourced BPM market. Knowledge of coding and programming languages aside, the sector will also need people for non-coding IT jobs with varied and additional skills like design, quality analysis, SEO tools, market analysis, data visualization, and many more. With constant advancements in technology, showing aptitude for the chosen job role is also essential. Consistent up-skilling and enthusiasm can further aid growth in this billion-dollar industry over time. Top tech skills that don’t need coding Following are just a few of the skills that do not necessarily require coding: Data analysis: Requiring critical thinking, number crunching, and the ability to solve complex problems. Common tools used for this include Microsoft Excel, SQL, R, Python, and many more. Software testing: Requiring knowledge of software testing methodologies, this may use manual or automated tools to ensure that applications are defect-free. The intent could also be to understand where a web page or specific app element can be optimized for performance. There are several popular testing tools, including Selenium, TMT, and Jira. Agile: Agile Project management will require skills different from those required for Agile App Development. Although knowledge of Scrum, Kanban, and Customer stories are some which may overlap, other certified skills are specific to the Agile job role. Regardless, the individual must display an aptitude for adapting to changes quickly. UX designing: This involves user research, building wireframes and prototypes, interface and interaction design, and so much more using designing tools. While an excellent foundational knowledge of markup languages, including HTML and CSS, is essential, knowledge of scripting languages and more are good-to-have as they can help solve minor glitches and improve on-job efficiency. Digital marketing: With a focus on internet-based channels like websites, social media, and mobile devices, people in this job role require marketing knowledge as well as the ability to come up with channel-specific strategies to build and promote products and services. This may involve SEO, content marketing, marketing analytics, and advertising know-how. Web design: Focusing on responsive design, easy navigation, and other website-specific design elements, this requires an understanding of user personas and skills in the development of web layouts, user flows, and more aspects of front-end development using design software. Closely associated with UX designing, knowledge of tools such as Sketch and Adobe Suite are desirable. Technical writing: This relies on good communicative skills and documentation abilities. Popular software used includes Microsoft Word and Adobe RoboHelp. Other than proficiency in authoring tools, publishing tools, knowledge of how to edit images, capture screenshots, and more, skills in interviewing SMEs, understanding target users, defining personas, and organizational abilities can prove to be invaluable. Business intelligence: Involving collecting, integrating, analyzing, and presenting business information, proficiency in related tools such as Tableau and Power BI insights can aid in providing significant insights for organizations. It is important to note that the development of every skill is associated with its own learning curve- at times steep and not so steep. A tech-related Bachelor’s degree ensures that you build on the essentials for a career related to Information Technology. Although they need little or no prior experience, most entry-level jobs in the sector mandatorily require an undergraduate degree and good technical aptitude. Get a UGC-entitled online BCA degree from Manipal University Jaipur Manipal University Jaipur offers the Bachelor of Computer Applications course online. Spread over 6 semesters, the course is designed for self-paced learning. It aims to do away with the questions like “Is Information Technology hard?” and “Does an IT career need a 4-year degree?” Requiring as little as 15 to 20 hours a week, this course opens up easy ways of learning technology-related concepts for a larger group of aspirants. With the intent of reaching even remote locations, the coursework can be accessed via even low-bandwidth internet connectivity. The digital platform can work on a smartphone, desktop, or laptop with no compromise on quality. Created for an unparalleled learning experience, the content is immersive and easy to absorb. With a comprehensive online teaching methodology in place, students are encouraged to put their learning to the test through quizzes and practice exams. Students can also connect with peers and faculty and participate in discussions via forums. All these go to ensure interactivity throughout the course. Students can attend live lectures to learn core concepts and access recorded videos to strengthen basic knowledge, participate in discussions and engage with staff and fellow students using the university’s exclusive learning management platform, utilize the extensive e-libraries, and much more. You can also read Is an online BCA course equivalent to a regular BCA? The UGC-approved online course blends the latest in technology as well as teaching to build a sound foundation for future professionals. The faculty comes with industry exposure as well as experience to enrich learning and aid in the development of skill sets that are required across diverse industries and job roles. Specialists bring with them value addition in the form of practical insights drawing attention to build on individual competence. Working on real-world scenarios, case studies are included to spur critical thinking and develop problem-solving abilities in students. Understanding the need for the ability to articulate thoughts, the students are encouraged to participate proactively and communicate confidently. With the “Coursera@ MUJ” program, students of MUJ can gain learner licenses to access exclusive courses through one of the world’s largest learning platforms free of cost. Ranging from beginners to advanced, “Coursera on Campus” encourages further learning across domains with access to over 5000 courses as well as professional certification programs. Thus, the online BCA course at MUJ is designed to open up a host of opportunities to upskill and transform today’s students into sought-after professionals of tomorrow. Conclusion For those interested in pursuing a career in the IT field, pursuing a Bachelor of Computer Applications course online is an attractive alternative to other full-time technical courses. Scoring high on affordability, an online BCA through MUJ can be completed in as little as 36 months. While working with computer systems and digital platforms promising to be the norm across domains, there is also plenty of scope for those who are looking to carve a niche for themselves in IT-related job roles without the need for coding daily. With attractive salaries, incentives, and on-job learning- anyone with the appropriate skills and aptitude can choose some of the best IT jobs without coding and make a career out of it.
Skills you get after MA Political Science Do you have a keen eye for national and international political affairs? Are you passionate about making a positive change in the political situation of your country? If you answered yes to these, you are an ideal fit for an MA in Political Science, a course that will not only nurture your zeal for politics but also help build a set of essential skills for a rewarding career in administration. This blog outlines the vital skills that can be acquired from an online MA in Political Science program. It also highlights how pursuing the course online via Online Manipal offers convenience and flexibility as well as equal value to that of an offline program. What is an MA in Political Science? Before applying for the course, here’s a brief overview of what precisely an MA Political Science course includes. It is a Masters-level program offered to students who are interested in gaining deeper insights into the political scenario of the country as well as of overseas. The course generally lasts for 2 years and focuses on political theories and systems of both Indian and international politics for students completing BA courses in Political Science or related fields of study. An online MA in Political Science is particularly useful for those students who aspire to follow a career path in public management, administration, or governance. The following section highlights some core competencies developed in online Political Science MA courses. Skills you will learn with an MA in Political Science If you’re looking for a long-term rewarding career path in the world of politics, it would help to know a few critical knacks to be able to excel in the industry. This is where an MA in Political Science course can be of immense help and add the required value to your resume. Following are some of the key skills that the course equips students with. There are many more benefits of pursuing the program, which you can read up here. Communication skills: The ability to communicate effectively is critical in a political setup. You must be able to put across your point precisely and express the issue at hand in the most convincing manner possible. A Master’s degree in Political Science helps build both verbal and written communication skills in students, preparing them for a successful career in national and global politics. Active listening: It is not only essential to speak well; you also need to be a good and patient listener in politics. Most importantly, you would need to be attentive and alert at all times, paying keen attention to the minutest details being presented by another speaker in a political meet or conference to be able to support or contend their views, as required. The course helps teach this vital skill to students, helping them be focused and keen listeners along with great speakers. Problem-solving skills: This is yet another skill that is an important prerequisite for a career in political science. You need to be able to find solutions to complex problems in your area of work while adhering to certain policies and regulations laid down by the government. An MA in Political Science teaches you that skill. Planning & decision-making: As a member of the government or a key administrative body, you may be required to devote a significant amount of time to planning crucial day-to-day affairs and making decisions that have the potential to impact the lives of many. Political science postgraduate courses help students develop this critical skill and practice quick and effective decisiveness in their everyday work arenas. Analytical skills: The task of analyzing each situation or decision at hand is a crucial one, and you need critical thinking and analytical skills to be able to perceive it from all angles. This is just one of the many practical abilities gained from an online MA in Political Science, among many others, teaching you to reflect, plan, and act better. Scope of MA in Political Science The above sections talked about an online MA in Political Science and its skill-building potential for students. Now, we discuss the career scope of the program and how it can benefit those who graduate with an online Master’s in Political Science after two years. Lok Sabha elections are the important time for political science students to learn a lot about the political process in India. Completing an MA in Political Science imparts you the necessary skills and knowledge base to apply for some top-paying and prestigious career pathways in the government and other public bodies. A few career options that graduates can consider include: Law Civil Services United Nations Public Relations Public Administration Political Content Writing Political Consultancy Let us now look at some of these career prospects in detail in the next section, outlining the roles and responsibilities involved in each job position along with the expected salaries drawn. Top Careers After MA in Political Science Students who complete an online MA in Political Science granted by Sikkim Manipal University on the Online Manipal platform can look forward to applying to some of the following top job roles: Job RolesKey Responsibilities Approx SalaryPolitical AnalystResearch political matters, analyze current trends, and govt. policies, collect and analyze dataINR 9.15 lakh per annumTeacherPreparing and delivering lectures to Political Science students at Bachelor and PG levels on international relations, citizenship, political thought, and democracy INR 5,60,000 per annumJournalistResearch and write/report on current events in the political worldINR 6.70 lakh per annumPolitical Content WriterWrite and edit content for varied media forms as required on political matters and subjects, both national and international, ghostwriting content for the govt. and interviewing political figures for authentic information sourcesINR 6-7 lakh per annumLegislative AssistantProvide support to legislators in legal research, preparing legal memos and other reports, working with legislative committees INR 4,25,041 per annumEconomistCollecting data, analyzing it, preparing budget reports, offering advice on business strategiesINR 11,71,394 per annumPublic Relations Manager Coordination of all PR activities, developing marketing campaigns for the govt, communicating with the mediaINR 5,71,643 per annum Why Pursue an Online MA in Political Science? We discussed at length the skills students earn from an MA degree in Political Science. Now let us briefly discuss the importance of doing the course online. Online learning offers the exclusive advantage of flexibility in learning. Students are free to choose their time schedules to complete the program and can also choose to do it at their own pace of learning. Most importantly, you can even decide where you want to study, the time, and the device that you find the most comfortable for your online study. Not to forget, an online degree in MA Political Science equips you with a host of essential skills that can be of immense importance in your future career path in the political arena. You may choose to pursue a career in education, politics, law, journalism, or civil services after graduating with an online MA in Political Science from Sikkim Manipal University (SMU) on the Online Manipal platform. Why Choose Sikkim Manipal University? If you’re looking for an online course in MA Political Science from a recognized university in India, Sikkim Manipal University or SMU is an excellent choice. The university, which is accredited A+ by NAAC, offers a wide variety of academic programs that are UGC-entitled. Apart from an MA in Political Science online, you may consider pursuing a Bachelor of Commerce (BCOM), Master of Computer Applications (MCA), or Bachelor of Arts (BA), all of which hold equal weightage and worth as a university degree pursued on campus. All SMU degrees are accepted worldwide for job applications at both government and private sector organizations. SMU offers degree programs on the Online Manipal platform which is easily accessible from everywhere and the course can be done right from the comfort of your home. Conclusion The blog talks in detail about the special skill set derived from Political Science MA online studies as well as the exclusive advantage of pursuing the course online from Sikkim Manipal University via Online Manipal. With the combined benefit of flexible independent learning and all other facilities of on-campus studies, such as scholarships and easy financing for study programs, SMU’s online MA in Political Science is your key to taking your career to the next level.
What are the different types of universities? India has a thriving higher education system featuring a diverse range of universities that provide a multitude of degree options. The categorization of universities in India is based on their founding methods, which are divided into four categories: state universities, deemed universities, private universities, and public universities. For those looking to make well-informed selections regarding their educational journey, future learners must be thoroughly aware of the types of universities in India. Individuals looking for accredited and well-regulated educational institutions must comprehend the meaning of UGC approved. Today, we will explore the types of universities in India, particularly various universities. It prominently includes those recognized and approved by the University Grants Commission (UGC). Read this insightful blog on the state of higher education to understand the growth of higher educational institutions in India over the years. Public Universities Public universities in India are academic institutions sponsored and regulated by state or federal bodies. Public universities enable students from various socioeconomic backgrounds to access inexpensive higher education through their extensive undergraduate and graduate program offerings. One of the main advantages of public universities is their capacity to offer state residents reduced tuition costs, thereby improving educational accessibility and unique academic opportunities. Here are some of the top-ranking public universities in India: Indian Institute of Technology, Madras Indian Institute of Technology, Bombay Indian Institute of Technology, Kanpur University of Delhi Indian Institute of Technology, Delhi Indian Institute of Technology, Kharagpur Also read: What is the Institute of Eminence? Why does MAHE deserve IoE status? Private Universities A private university is a higher education system in India run by businesses or organizations instead of the government. Private universities are autonomous higher education institutions that function independently, without any financial support from the government. They possess the flexibility to tailor their academic programs, admission requirements, and overall approach according to their own discretion. Private universities typically generate revenue through endowments, tuition fees, and generous contributions from donors. They provide benefits like smaller class sizes, specialized programs, and additional resources. The smaller class sizes promote individualized interactions, while the specialized programs cater to the evolving needs of various industries. Private universities also invest in modern infrastructure, research facilities, and technological resources. These advantages significantly contribute to the diversity and dynamism of the higher education system in India, fostering innovation and molding future leaders. Here are some of the top-ranking private universities in India: Vellore Institute of Technology SRM Institute of Science and Technology Manipal Academy of Higher Education Amrita Vishwa Vidyapeetham Narsee Monjee Institute of Management and Higher Studies Birla Institute of Technology and Science Here are the checklist to identify fake universities. Deemed Universities A postsecondary educational establishment that the Indian government has granted university status is known as a deemed university. In India, deemed universities have special status and are free to choose their own policies, curricula, and methods of operation. To be designated as a deemed university, achieving the necessary standards established by the University Grants Commission (UGC) for academic excellence and research capabilities is mandatory. Their independence permits curriculum design flexibility and enables interdisciplinary studies. Here’s a list of the top deemed universities in India: IIS, Bangalore Vellore Institute of Technology, Vellore Institute of Chemical Technology, Mumbai Birla Institute of Technology and Science, Pilani IIT, Madras IIT, Delhi Students must also keep in mind the difference between deemed and private university. The two are primarily distinguished by the recognition process and the governing bodies involved. Deemed universities earn their status through recognition by meeting specific UGC criteria, while private universities are established through state legislative acts. Deemed universities have a special status granted by the UGC, allowing them more independence, while private universities operate under the purview of state legislative acts and may have varying levels of autonomy. Similar to how private and deemed universities differ greatly, so do autonomous and deemed universities. The difference between autonomous and deemed university lies in the level of autonomy. Both have been granted some degree of autonomy from the government but differ in some aspects. Autonomous universities maintain affiliation with a government university while enjoying some independence, whereas deemed universities operate independently with a higher degree of autonomy recognized by the UGC. UniversityRecognition processAutonomyPrivate UniversityConstituted by a federal or state lawFunctions autonomously and free from governmental oversightAutonomous UniversityAffiliated with a government universityLimited autonomy inside the confines of a government universityDeemed UniversityAttain recognition by the UGCUGC grants a higher level of autonomy, allowing it to operate independently. Also Read: What is CUET? How does it help students? State Universities State universities are public universities in India that are institutes of higher learning created or supported by the state legislature. The state government controls its finances and rules, assuring consistency with the state’s educational goals. These institutions greatly focus on serving the specific requirements of their respective areas, and they provide a multitude of undergraduate and graduate degrees. State policies heavily impact the management framework of public colleges, fostering uniformity in their operations. It allows them to meet the educational needs of their local populations efficiently. Indeed, geographical variables may influence the admissions process, favoring in-state or local applicants. It’s important to realize that “state universities” and “public universities” are two different categories of higher education systems in India, even though some individuals may use the terms interchangeably. Public universities get funding from state and federal governments, whereas state universities are expressly overseen and funded by the state government. How these educational institutions in India are governed and funded may impact things like hiring professors, developing curricula, and allocating resources generally. Here’s a list of top state universities: Acharya Nagarjuna University, Andhra Pradesh Sri Venkateswara University, Andhra Pradesh University of Hyderabad, Hyderabad Jadavpur University, Kolkata University of Delhi, Delhi Anna University, Chennai Central Universities Central universities in India are distinct educational institutions overseen by the Indian central government. These institutions boast their governing system, overseen by the national government and the University Grants Commission (UGC), ensuring a consistent and cohesive approach to education and research. Their presence substantially impacts the nation’s educational landscape, and they are renowned for their outstanding infrastructure, faculty, and research facilities. The central government funds these institutions significantly, helping them to retain their superiority in all areas. Central universities also play an important role in higher education by supporting interdisciplinary research and establishing international cooperation. These endeavors contribute to overall academic achievement, research innovation, and holistic growth. Here’s a list of the top central universities in India: Jawaharlal Nehru University, New Delhi Banaras Hindu University, Varanasi Aligarh Muslim University, Aligarh University of Hyderabad, Hyderabad Jadavpur University, Kolkata University of Delhi, Delhi Also Read: 10 reasons why you should choose an online MBA in India What kind of university is MAHE? MAHE (Manipal Academy of Higher Education) is a private deemed university in India. It operates as a private institution with deemed university status granted by the UGC. Known for its diverse academic programs, MAHE offers online degrees across various disciplines. MAHE’s online programs cater to the evolving needs of students seeking flexible and accessible education in various fields. The plethora of online degrees offered by MAHE include – MSc Business Analytics, MSc Data Science, Master of Business Administration (MBA), PGCP-BA and PGCP-LSCM. Conclusion With its range of institutions, funding structures, and organizational methods, India’s higher education system offers students from various backgrounds and goals many choices. This customizable approach allows students to select the perfect university and program to match their individual needs and desires, making the Indian higher education sector a top choice for students around the globe.
How to get into the Big Four firms The Big Four (Deloitte, PwC, EY, and KPMG) are highly renowned and globally recognized professional services firms. These organizations are sought after by job aspirants for their unmatched reputation, extensive client base, and the promise of a rewarding career. Aspirants are drawn to these firms by the allure of exceptional career prospects, diverse client exposure, and the prestige that comes with being associated with such industry giants. To gain entry into this exclusive domain of the Big Four, upskilling is a prerequisite. Online courses are a great option for fresh graduates and working professionals to augment their qualifications. Acquiring industry-relevant skills can help individuals establish themselves as valuable resources and improve their chances of becoming a part of the Big Four. Let us understand the steps and strategies for landing a job at the Big Four firms. Read more: Top online degree courses to upskill yourself Image/infographic idea What are the Big Four Companies The “Big Four” refers to the four largest and most influential global professional services firms in the world. These firms are: Deloitte PricewaterhouseCoopers (PwC) Ernst & Young (EY) KPMG The designation “Big Four” transcends mere size, encapsulating the collective influence and expertise of these firms. Their extensive resources, global networks, and ability to provide a wide array of services make them indispensable partners for businesses navigating intricate challenges. The Big Four’s standing and impact in the professional services domain underscore their integral role in the global corporate landscape. Deloitte: Deloitte, a multinational professional services firm, excels in offering a comprehensive array of services, including audit and assurance, consulting, tax, and advisory. Its extensive global network allows seamless collaboration across borders, and the firm is recognized for its innovative approach to addressing complex business challenges. PricewaterhouseCoopers (PwC): PwC is renowned for its expertise in various professional services, encompassing audit and assurance, consulting, tax, and advisory. Its global presence and extensive clientele, including prominent businesses and organizations, demonstrate its standing as an industry pioneer. The firm’s emphasis on delivering value and helping clients tackle complex challenges has solidified its reputation. Ernst & Young (EY): EY is a globally recognized professional services firm that provides audit, advisory, consulting, and tax services. EY’s mission of “Building a Better Working World” underscores its dedication to helping businesses navigate change and achieve sustainable growth. EY’s commitment to high ethical standards, coupled with its extensive global network, places it among the elite Big Four firms. KPMG: KPMG is known for its services in audit, tax, and advisory. The firm’s commitment to ethical conduct and rigorous standards of quality is widely recognized. KPMG serves a wide spectrum of clients, from local enterprises to international corporations, thanks to its global presence. The Big Four have cemented their position as important players in the business world due to their standing and influence in the professional services sector. Benefits of working in the Big Four Accounting firms The benefits of working in a Big Four firm extend far beyond the conventional considerations of compensation and prestige, making an enriching career choice for many professionals in the field. Let us delve into more detail regarding the benefits of working in the Big Four accounting firms. Strategic global exposure: Employment with a Big Four firm provides a strategic vantage point for global exposure. Professionals participate in large-scale cross-border projects, gaining insights into diverse business landscapes. This strategic global exposure is invaluable, cultivating a nuanced understanding of international markets and regulatory environments. Holistic learning ecosystem: Big Four firms are synonymous with a holistic learning ecosystem. Continuous professional development is ingrained in the culture, offering employees access to avant-garde training modules, workshops, and thought leadership resources. This dynamic learning environment ensures that professionals do not merely keep abreast of industry trends but are also positioned to lead innovation. Prestigious clientele: The Big Four are renowned for serving an elite clientele comprising some of the world’s most prestigious companies. Working with such esteemed clients not only enhances the professional’s portfolio but also exposes them to the complexities and challenges faced by industry leaders. This firsthand experience with top-tier clients contributes significantly to the development of expertise and industry insights. Networking opportunities: Within the Big Four, a sophisticated networking architecture thrives. Professionals interact with peers, clients, and thought leaders, fostering a culture of collaboration. This inclusive networking extends beyond immediate circles, creating a nexus of opportunities that transcends organizational boundaries. Career advancement: Career opportunities with the Big Four accounting firms are tremendous, offering well-defined milestones. Advancement within the organization is typically based on merit, performance, and demonstrated skills. This clear progression framework motivates employees to strive for excellence and provides a roadmap for their career growth within the firm. Read more: Will an online degree get you a job? Project portfolio diversity: Professionals in Big Four firms navigate a kaleidoscope of projects encompassing audit, tax, and advisory realms. This diverse project portfolio is instrumental in honing a well-rounded skill set. Exposure to varied challenges cultivates adaptability and a holistic understanding of business intricacies. Technological infrastructure excellence: Big Four firms prioritize technological prowess, investing substantially in cutting-edge infrastructure. This commitment ensures that professionals have access to state-of-the-art tools and methodologies, amplifying their ability to deliver high-quality services efficiently. Brand recognition: Having Big Four experience on a resume carries substantial weight in the business world. The prestige associated with these firms opens doors to a wide array of career opportunities. Brand recognition not only enhances an individual’s professional credibility but also signifies a high level of expertise and commitment to excellence in the field of accounting and consulting. Tips to enter the Big Four companies Entering the esteemed realm of the Big Four companies requires a meticulous and strategic approach. From networking finesse to showcasing a versatile skill set, these tips serve as a guide to navigating the competitive landscape and positioning oneself as a standout candidate in the hiring process. The points one must remember to enter the Big Four organizations are: Develop technical and soft skills: Strive for a balance between technical competence and soft skills. Big Four firms value not only your expertise in your field but also your ability to communicate effectively, collaborate with diverse teams, and adapt to changing situations. Continuous improvement in both areas will make you a more attractive candidate. Continuous learning: Showcase your commitment to ongoing learning and professional development. Highlight relevant certifications, workshops, or additional qualifications. Stay informed about industry trends, showcasing your dedication to staying at the forefront of your field. Research the companies: Gain a deep understanding of each Big Four firm’s ethos. Familiarize yourself with their values, company culture, and the specific services they provide. Tailor your applications to demonstrate not only your skills but also your genuine alignment with the unique identity of each company. Build a strong resume: Craft a dynamic resume that goes beyond listing job responsibilities. Showcase specific achievements, quantifiable results, and any experiences that demonstrate your unique contributions. Tailor it to emphasize the skills and accomplishments most relevant to the Big Four’s expectations. Networking is key: Actively engage in professional networking to expand your connections within the industry. Attend industry events, join relevant online communities, and leverage platforms like LinkedIn to connect with professionals at the Big Four. Establishing genuine relationships can offer insights and potentially open doors. Also Read: Importance of networking in career development Prepare for case interviews: Big Four firms’ recruitment and hiring process often use case interviews to assess problem-solving and analytical skills. Practice solving business cases, both independently and with peers if possible. Clearly articulate your thought process during interviews, showcasing your ability to approach complex problems systematically. Read more: Reasons to consider an online degree this academic year Prepare for jobs in the Big Four firms with online courses through Online Manipal Explore Online Manipal for a distinguished selection of academic degrees and professional certifications, precisely curated to empower students with the knowledge and expertise required to thrive within the coveted Big Four firms. These offerings encompass a spectrum of disciplines, encompassing finance, accounting, management, and data analytics, all impeccably aligned with the exacting standards of these prestigious establishments. Students with aspirations to join the echelons of these leading firms can elect to pursue distinguished degrees in finance and accounting, ensuring the development of a strong foundation in the fundamental domains that the Big Four demand. Through these programs, students not only acquire theoretical acumen but also gain practical insights and industry-relevant expertise. These distinguished programs empower students and open the doors to a promising career in the distinguished sphere of the Big Four firms, where their discerning competencies are held in the highest regard. Read More: Are online degree courses & regular offline courses of the same value? Conclusion A career with the top-tier Big Four firms is an aspiration many hold dear. While the journey is demanding, you may navigate the path with a well-structured approach encompassing education, practical experience, skills development, and effective networking. The opportunities within these prestigious firms are unparalleled, and with dedication and persistence, you can make your mark. To further enhance your readiness for the challenges of this elite career path, consider enrolling in online programs offered through Online Manipal. These programs aim to impart to candidates the specific skills and knowledge required to thrive in the Big Four’s fierce marketplace. You may position yourself as a top candidate in this demanding industry and start a rewarding and successful career in the fast-paced finance and accounting sector by embracing upskilling and learning via continued education courses.
